Re: Oops, bad business model?
Joachim Feise (jfeise@ICS.uci.edu)
Tue, 05 May 1998 11:01:56 -0700
Jay Thomas wrote:
>
> Guess Egghead shoulda kept a few stores open afterall :)
>
> http://www.news.com/News/Item/0,4,21784,00.html?dtn.head
> Personal computer retailer Egghead.com said today
> that it lost $35 million, or $1.51 per share, during
> the fourth quarter, following a restructuring that
> "significantly affected" its results.
Aren't they still owned by Paul Allen? He sure can afford a couple mils loss.
-JoeF